Analog Devices (ADI) Q1 Earnings and Revenues Top Estimates

Core Insights - Analog Devices (ADI) reported quarterly earnings of $2.46 per share, exceeding the Zacks Consensus Estimate of $2.3 per share, and showing a significant increase from $1.63 per share a year ago, resulting in an earnings surprise of +6.96% [1] - The company achieved revenues of $3.16 billion for the quarter ended January 2026, surpassing the Zacks Consensus Estimate by 1.36% and up from $2.42 billion year-over-year [2] - Analog Devices has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Earnings Outlook - The sustainability of the stock's price movement will depend on management's commentary during the earnings call and future earnings expectations [3] - Current consensus EPS estimate for the upcoming quarter is $2.45 on revenues of $3.21 billion, and for the current fiscal year, it is $10.01 on revenues of $13.04 billion [7] Industry Context - The Semiconductor - Analog and Mixed industry is currently ranked in the top 26% of over 250 Zacks industries, indicating a favorable outlook for stocks within this sector [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked using tools like the Zacks Rank [5][6]